Comments by "Michael RCH" (@michaelrch) on "Boris Johnson delivers resignation speech as Theresa May faces Brexit backlash" video.

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  3. David Ward Believing in a glorious Brexit is like believing you can flap your arms and fly. It doesn’t matter how much self belief you have. It’s not going to happen. It’s honestly staggering that Brexiteers haven’t realised this yet. All they have is anger, resentment and totally delusional assertions about what Britain can get from Brexit. And no plans whatsoever. As for opinions at the time of Brexit, there are these clever things called opinion polls where they ask thousands of people’s their views. Yes, they have a margin of error but they are never very wrong. Even if you said this one was out on the numbers I gave by 10% that would still leave a big majority for remaining in the Single Market. http://www.comresglobal.com/wp-content/uploads/2016/07/BBC-News_Tables_Brexit-Expectations_11072016.pdf What has happened is that Brexiteer empty promises are all being shown to be undeliverable, so now all the Brexiteers do is keep saying the things they WON’T allow. But everything they won’t allow is something that is needed to deliver what they promised. So unless they compromise, then the UK will exit with no deal and that will be a catastrophe for the economy, jobs, public services and Britain’s role in the world. The rest of the world will look down on the U.K. as a funny little country that was once great but whose decline is now sealed. With no deal, the Irish border will become an immediate problem. The GFA will by definition have to end and NI will almost certainly have a vote to join the RoI. The Scots who voted 65% to remain will have much less reason to stay in the U.K. when it needs lots of immigration and will be locked out of the EU where it does most of its trade, so Scotland will go independent within a decade. Which will leave England and Wales as an isolated insignificant once-great curiosity sitting off the coast of Europe. It will be stripped of its UN Security Council seat as an anachronism and it will be left to do international trade deals as a nation of 50 million instead as part of the EU of 500 million. Plus it will be desperate for deals so it will get poor terms and any deal with the US will be completely one-sided. It’s a no-win scenario. It always was. Everything Brexit campaigners told you is proving impossible and it will only get worse from here.
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  4. Left of Centre Brexit Yes, it would be catastrophic. The U.K. relies on the EU for dozens of major regulatory agencies. The U.K. relies on the EU for 40% of its exports. This relies on being part of the EU regulatory regime. If there is no deal, not only will the U.K. have to sign up to exactly the same regulations as the EU to have its exports legal to sell to the EU, it has to create all the regulatory bodies in the first place! Overnight. Without this all set up and agreed on both sides, across dozens of areas of industry and farming, there will be no exports to the EU. The U.K. relies on customs-free movement of goods to and from the EU for much of its manufacturing industry. This includes for much domestic consumption as well as for ports. When we fall out of the customs union, that will all come to a grinding halt as ports suddenly have to perform customs checks on millions of shipments that were previously exempt. HMRC is not ready for this and neither are the ports and there is no way that they can get ready for increasing their number of customs checks by an order of magnitude in 6 months. They have said as much. Further, EU supply chains often rely on just in time delivery of parts which is not setup for lengthy customs checks at the border. Adding delays will mean that JIT systems break, reducing production and increasing costs. No deal would mean that overnight, U.K. citizens would need visas to enter the EU. It would mean that the millions of U.K. citizens in the EU would no longer have residency rights or access to healthcare on the countries that they live in. It would mean that the U.K. would fall outside the EU system for handling air travel and managing air space to that would be severely disrupted. Shall I go on?
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  6. Left of Centre Brexit Ok, I have listened to Gerrard Batten, UKIP leader talk about their Brexit plan and he it boils down to inheriting the EU laws and going onto WTO rules. But that doesn’t touch any of the regulation which is huge. And no, just because we mirror EU regulations, that does not mean that we don’t have to recertify with EU regulators to get access. And it’s not 40% more customs checks - it’s much much more. Remember that a large amount of what is imported is parts in supply chains that then get worked on and re-exported, and vice versa. This doesn’t show up as the NET export value is much lower than the total value of goods going to and fro. You must have heard that some parts of the Minis made in Oxford cross the border 4 times before they end up in a finished care. All those shipments now get bogged down in customs making JIT manufacturing, a central principle in lean supply chains, impossible. These factories will simply grind to a halt. And the idea of going over the cliff then making more deals later will be a disaster. Businesses take years to get going, to get customers, to get processes efficient and competitive. When the free movement of goods and services stop, all the businesses that depend on them will become untenable or have to dramatically scale back operations. Their customers in Europe will immediately have to switch to EU suppliers. When, years later, the U.K. does further deals and firms get the opportunity to re-enter the market it will take years to win back even a small part of the business that has been lost. I run a business. I know what this is like. The U.K. will NEVER recover it’s previous position. As for the EU suffering as UKIP also like to say, yes, they will in some areas, but in others they will see huge gains. Trading in Euro denominated securities will all move to Paris and Frankfurt. The U.K. banks will lose their passporting rights so all the EU operations of U.K. financial institutions operating in Europe will have to move to EU countries. These are currently fantastically profitable and bring in huge amounts of tax, plus they contribute a huge amount to our balance of trade, but after Brexit, they will be gone forever. I could go on and on. UKIP’s plan is not a plan. It’s a fantasy. Neither Davis nor Johnson nor the ERG have set out a credible plan to leave the EU that won’t either be rejected by the EU or that won’t cripple the economy. So all they do is shoot down anything they don’t like. And this is NOT what we voted for. 66% of people prioritised the Single Market over reducing immigration in 2016, including 42% of LEAVE voters. That’s a majority that was happy to stay on the single market and was happy to keep free movement ie be a member of the EEA. But the Hard Brexiteers got their hands around the throat of the PM and no we are facing a disaster. May should never have promised to leave the single market and customs union. It was idiotic, undemocratic, short sighted and cowardly. We are all paying for that now.
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